Practical Nerds

025⎢US v. Global AEC-Tech⎢The USA themes to watch in 2024⎢Supply chains, workforce, vertical AI, startup acquisition


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This week:


Some of the big US themes to watch out for in Constru- and AEC-Tech in 2024:

  • Alternative supply chains
  • Automating the workforce
  • Vertical AI applications
  • Startup acquisition wave
  • Questionable materials science?

  • This week on the Practical Nerds podcast, we spoke with Adam Zobler, General Partner at Foundamental, about the latest trends and developments in US construction tech. We discussed efforts around supply chain localization and reshoring production to Latin America to reduce fragility.


    With an aging workforce exiting the industry, we also talked about robotics and automation solutions coming online to fill labor shortages. In addition, Adam predicted customized AI and vertical LLM models hold promise to optimize construction workflows when trained on historical industry data. He also foresees larger firms needing to acquire top startups in the next two years before they scale too large. We tried to make sense of some "crazy unscientific" material innovations attracting funding despite lacking viability or rigor.


    Adam explained the value of Foundamental's global fund approach in transferring learnings across the US, Europe and other markets to shortcut pitfalls for startups.

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    Practical NerdsBy Patric Hellermann